CHICAGO (Reuters) - The United Auto Workers Tuesday said its U.S. hourly workers have voted overwhelmingly to authorize a strike if bankrupt auto parts maker Delphi tosses out its labor contracts as part of its reorganization.Over 95 percent of votes cast authorized the UAW to call a Read more…

SAN FRANCISCO (Reuters) - Nike said Tuesday it will likely take a charge in the fourth quarter after an arbitrator ruled that its Converse unit should pay $52.5 million in damages to a former Latin American licensee, Alon International.The athletic shoe maker did not disclose details of Read more…

NEW YORK (CNNMoney.com) - NBC and ABC are apparently tired of watching CBS dominate the ratings on Thursdays, one of the most important nights of the week for network broadcasters.NBC announced on Monday that its eagerly awaited new drama, "Studio 60 on the Sunset Strip," will air on Read more…

CHICAGO (Reuters) - The flight attendants union at bankrupt Northwest Airlines said Tuesday it is "outraged" over a letter the carrier sent to members saying it would not renegotiate if the workers rejected a tentative contract that has been put to vote.The flight attendants are deciding Read more…

NEW YORK (Reuters) - Verizon Communications said Friday it does not and will not provide any government agency unfettered access to customer records, responding to a report that it was one of three U.S. telephone companies that had given access to data on millions of consumers.USA Read more…

NEW YORK (CNNMoney.com) - Time Warner announced a deal Friday to buy the half of Court TV that it doesn't already own from partner Liberty Media for $735 million.The network, which reaches 86 million homes, will become part of Turner Broadcasting. Read more…

BOSTON (Dow Jones) - Federated Investors Inc., a company known for money- market funds, said Friday it will pay up to $240 million to acquire MDT Advisers, which uses mathematical models to pick stocks.Cambridge, Mass .-based MDT Advisers, a unit of MDTA LLC, manages about $7.1 billion . Read more…

NEW YORK (CNNMoney.com) - The light at the end of the tunnel continues to be elusive for Enron founder Kenneth Lay who could find himself spending life in prison even if he is acquitted by a jury for allegations that he helped bring about Enron's collapse.With closing arguments in the Read more…

SAN FRANCISCO (Reuters) - Brooks Automation Inc., a maker of equipment and software used to make microchips, said Friday that the Securities and Exchange Commission had opened an informal inquiry into its stock option practices.It also said the Nasdaq Stock Market has threatened to delist Read more…

SAN FRANCISCO (Reuters) - Japanese Web and telecom conglomerate Softbank Corp. is working with Apple Computer Inc. to develop mobile telephones with built-in iPod music players, Nikkei reported Friday.The music-playing phones can download songs from Apple's iTunes Music Store, The Read more…